TIPPS GAS UNIT

Operated by BUCKHORN OPERATING LLC (P-5 102367) in the BRACHFIELD, S.E. (COTTON VALLEY) field. Every figure below is a volume the Railroad Commission published, multiplied by a monthly price you can check.

Gas lease lease 231628District 06Field 111835002 tax incentive programmesCondensateGasSaveExport
Value, all time
$2.6 M
Aug 2007 – May 2026
Value, last 12 filed months
$21 k
at the published price for each month
Months reported
226
no gaps in the span
Streams
2
condensate, gas

The Railroad Commission's own record for the field this lease produces from, including the spacing rule that governs how close together its wells may be drilled.

These are facts about the field, not about this lease. The field holds 382 leases and 382 wells, and the rule below applies to all of them.

Discovered
1981-02-10
as the register files it
Field class
Gas
the register's own label
Between wells
330 ft
minimum
From a lease line
330 ft
minimum

A drilling unit in this field needs at least 20 acres. The field rule took effect on 2014-10-14.

The Commission's schedule remark for this field reads: API NO. 401-34011.

Severance-tax incentive filings

Applications the operator filed to have this lease's gas taxed at a reduced state rate. A filing is an application, and this page never calls one a reduction that was granted.

ProgrammeFilingsWith an approval dateDatedDocket
High Cost Gas112008-03-11181338
NGPA1none

This says nothing about a royalty. A severance tax is charged to the operator. Whether a reduced rate reaches a royalty owner depends on the wording of the lease instrument, which is a private contract this site does not hold.

What this lease produced, and what it was worth

Oil and condensate are valued on the volume the state records as disposed of; gas and casinghead gas on the volume produced. They are different columns of different files, and the difference is not cosmetic.

StreamBasisVolumeValue
CondensateDisposition10,153 bbl$803,683
GasProduction306,885 Mcf$1,806,860
Total$2,610,543

Wells on this lease (1)

Every wellbore the Railroad Commission records against this lease key, with the depth, the last completion and the plug date exactly as filed. A well with no plug date is not stated to be producing — the state files no such flag.

These wells centre on 32.0145, -94.6584. A lease has no coordinate of its own — that point is the mean of its wells, and they span 0.0 miles.

32.01452, -94.65841 · centre of the wells drawn, derived

What these wells add up to

Every figure below is counted over all of this lease's wells, not over the rows listed above. The Railroad Commission files two facts about a well's state — a plug date and a proration-schedule flag — and a well can carry both, so they are published as separate counts and never merged into a status.

On the schedule
0.0%
0 of 1 wells
With a plug date
0.0%
0 of 1 wells
Median depth
11,300 ft
1 wells filed one
Completion to plug
no well filed both dates

What the state filed about each well

On the RRC proration schedule
00.0%
A plug date is filed
00.0%
BothOn the schedule and plugged. Neither fact cancels the other.
00.0%
NeitherNo plug date, and not on the schedule.
1100.0%

A plug date is the date the Commission recorded the wellbore as sealed with cement and abandoned. It is the only end-of-life fact Texas files. There is no "active" flag on a well, so this page does not print one — a well with no plug date is not stated to be producing.

How deep they were drilled

The one well that filed a depth was drilled to 11,300 ft.

Completions filed
Aug 2007
1 of 1 wells

1 well

42-40134321611,300 ftAug 2007

The API number is the state's, prefixed 42 for Texas. A well is matched to this lease by the lease key the Commission files on the wellbore record, so a well that has moved between leases appears under each one it was filed against.

Every month this lease reported (226)

Volume × price = value, one row per cycle. The price columns are the same series published on the prices page — nothing here is modelled.

226 months

May 20262163106.413.05$709
Apr 2026821498.932.87$1,406
Mar 202635089.753.15$3,141
Feb 2026293563.503.75$1,973
Jan 20262014459.138.00$2,334
Dec 20251132556.664.41$2,058
Nov 202553658.593.93$434
Oct 20252847859.383.30$3,242
Sep 20251431762.743.08$1,854
Aug 20251038963.933.01$1,812
Jul 2025719966.743.32$1,127
Jun 2025036266.483.13$1,133
May 2025458260.553.23$2,123
Apr 202502462.363.54$85
Mar 20251726067.704.27$2,261
Feb 2025139670.884.34$1,790
Jan 2025084374.324.28$3,607
Dec 20242827468.993.12$2,787
Nov 2024233569.052.20$875
Oct 2024138571.372.28$950
Sep 2024152169.612.36$1,301
Aug 20240075.632.06$0
Jul 20240079.932.15$0
Jun 20240078.082.63$0
May 20240078.812.20$0
Apr 20240084.451.66$0
Mar 2024120980.301.55$403
Feb 20240076.091.78$0
Jan 202401873.023.30$59
Dec 2023196571.262.61$1,524
Nov 202304577.892.81$126
Oct 202316185.443.09$274
Sep 202303089.042.74$82
Aug 2023363280.522.67$2,984
Jul 202302774.852.64$71
Jun 20230668.962.26$14
May 20232870.622.23$159
Apr 20233441778.122.24$3,589
Mar 202310691272.852.39$9,905
Feb 20230075.112.47$0
Jan 20230076.533.39$0
Dec 20220076.415.73$0
Nov 20220085.005.65$0
Oct 20220087.185.86$0
Sep 20220084.888.16$0
Aug 20220094.529.13$0
Jul 202200101.587.54$0
Jun 202200115.097.98$0
May 202200109.378.43$0
Apr 202200104.226.84$0
Mar 202200108.885.08$0
Feb 20220091.054.86$0
Jan 20220081.844.54$0
Dec 20210071.323.90$0
Nov 20210077.435.24$0
Oct 20210079.795.71$0
Sep 20210069.865.35$0
Aug 20210066.024.22$0
Jul 20210070.783.98$0
Jun 20216069.493.38$417
May 20210063.483.02$0
Apr 20210060.362.76$0
Mar 20210361.302.72$8
Feb 202101257.805.55$67
Jan 202111250.412.81$84
Dec 20200944.642.68$24
Nov 202001038.772.71$27
Oct 2020516536.972.48$594
Sep 20201334337.091.99$1,165
Aug 2020076939.982.39$1,834
Jul 2020061138.371.83$1,115
Jun 20201654734.901.69$1,483
May 2020079816.921.81$1,448
Apr 2020151214.751.80$939
Mar 2020272630.341.86$1,408
Feb 2020168649.881.98$1,409
Jan 2020568257.252.09$1,715
Dec 2019145659.012.30$1,110
Nov 20191965355.302.75$2,847
Oct 20191276653.472.42$2,494
Sep 20194461355.052.66$4,051
Aug 2019175853.112.30$1,800
Jul 2019077656.272.46$1,909
Jun 20192146952.782.49$2,277
May 2019263658.482.74$1,860
Apr 20191062962.632.75$2,356
Mar 20191050156.803.06$2,102
Feb 20190150.852.79$3
Jan 20191454646.033.23$2,407
Dec 2018058046.594.19$2,428
Nov 2018057052.934.24$2,415
Oct 2018473061.443.40$2,726
Sep 2018937359.543.11$1,695
Aug 2018462459.403.07$2,151
Jul 20181059865.142.93$2,405
Jun 2018938760.183.08$1,732
May 2018219265.382.90$688
Apr 20181038563.842.90$1,755
Mar 2018158661.222.79$1,694
Feb 20181051861.782.77$2,051
Jan 20181065862.874.01$3,267
Dec 2017054857.272.92$1,601
Nov 20171186155.423.12$3,295
Oct 2017072449.292.98$2,160
Sep 20172978347.523.09$3,795
Aug 2017090945.373.00$2,731
Jul 20171056943.873.09$2,195
Jun 20171064942.493.09$2,429
May 2017044645.373.26$1,455
Apr 20171659247.933.21$2,668
Mar 2017088346.772.98$2,635
Feb 20171520450.452.95$1,359
Jan 20172151049.413.42$2,781
Dec 20161276548.763.72$3,433
Nov 2016049942.492.64$1,320
Oct 2016224246.193.09$840
Sep 20161325341.553.10$1,325
Aug 2016070141.442.92$2,050
Jul 2016044641.622.92$1,304
Jun 20161454545.352.69$2,099
May 2016020742.521.99$412
Apr 2016019336.561.99$384
Mar 2016523633.011.79$588
Feb 20162128526.472.06$1,144
Jan 2016035927.352.36$849
Dec 20155043732.362.00$2,493
Nov 20155839038.792.17$3,095
Oct 201515743243.552.43$7,886
Sep 2015065142.992.76$1,796
Aug 20152649640.162.87$2,469
Jul 2015041448.152.95$1,219
Jun 20152557756.152.88$3,067
May 20152162955.212.96$3,018
Apr 20153352949.822.71$3,076
Mar 20153756742.892.93$3,251
Feb 20153141044.662.98$2,605
Jan 20157156143.433.10$4,823
Dec 20141637254.693.59$2,211
Nov 2014061270.464.25$2,602
Oct 20142663978.303.90$4,529
Sep 20143157486.164.05$4,993
Aug 20142956389.394.04$4,864
Jul 20145057396.564.18$7,223
Jun 20142748898.164.74$4,962
May 20142968994.734.73$6,004
Apr 20142943895.944.81$4,889
Mar 20142552495.895.06$5,047
Feb 20142145397.406.19$4,850
Jan 20144445790.404.86$6,199
Dec 20132755191.824.35$4,878
Nov 20132556688.853.74$4,337
Oct 20131666797.423.78$4,080
Sep 201319553104.113.72$4,034
Aug 201315514104.253.52$3,374
Jul 201343748102.523.72$7,189
Jun 20131870494.403.93$4,468
May 20133270294.834.15$5,947
Apr 20133465193.964.28$5,983
Mar 20133672493.623.91$6,203
Feb 20132464691.233.42$4,399
Jan 20136572891.603.42$8,444
Dec 2012967286.773.42$3,079
Nov 20121170386.953.62$3,505
Oct 2012569889.383.40$2,820
Sep 2012284194.672.92$2,644
Aug 2012597392.662.91$3,293
Jul 2012790785.133.02$3,336
Jun 20121592079.822.52$3,515
May 20121890491.612.49$3,898
Apr 2012221,120101.652.00$4,473
Mar 201231923105.052.22$5,308
Feb 2012361,108101.102.57$6,487
Jan 2012781,20098.092.73$10,932
Dec 2011531,29796.873.24$9,336
Nov 2011861,24695.723.31$12,358
Oct 2011331,38684.983.65$7,861
Sep 2011831,30983.623.99$12,158
Aug 2011471,06283.404.15$8,326
Jul 2011481,23294.144.52$10,084
Jun 2011721,23292.904.64$12,405
May 2011361,26898.134.40$9,118
Apr 201161,445105.964.33$6,897
Mar 201151,54496.364.06$6,746
Feb 2011331,14185.644.18$7,595
Jan 201171,60386.504.59$7,961
Dec 2010431,58285.734.35$10,565
Nov 2010831,81380.843.80$13,591
Oct 2010891,81978.103.51$13,334
Sep 2010881,89372.633.98$13,925
Aug 20101852,17873.684.42$23,256
Jul 2010511,84872.554.74$12,453
Jun 20101302,03270.364.91$19,125
May 2010782,17771.124.24$14,767
Apr 2010552,31581.694.12$14,037
Mar 20101472,51278.394.39$22,548
Feb 2010471,88473.585.44$13,712
Jan 2010512,68474.365.96$19,800
Dec 2009182,79871.445.48$16,629
Nov 2009202,65674.593.75$11,456
Oct 2009812,94572.544.11$17,980
Sep 20091603,09265.543.06$19,963
Aug 20091533,23067.423.22$20,711
Jul 2009723,74861.133.46$17,386
Jun 2009392,85266.163.90$13,689
May 2009863,56354.743.93$18,695
Apr 2009883,91046.773.59$18,143
Mar 2009694,81542.144.06$22,452
Feb 2009704,54532.814.63$23,354
Jan 2009754,93335.865.37$29,185
Dec 20081504,42337.105.98$32,002
Nov 20081244,72355.496.86$39,282
Oct 2008655,20375.246.92$40,906
Sep 2008785,394101.767.88$50,426
Aug 2008736,726114.228.48$65,395
Jul 2008866,837131.0811.39$89,142
Jun 20081376,787131.3313.03$106,445
May 20081337,419123.1711.57$102,251
Apr 2008867,798110.3110.45$91,014
Mar 20081378,204101.909.66$93,244
Feb 20082177,25392.538.77$83,692
Jan 20084979,54090.388.21$123,202
Dec 200764910,09688.337.30$131,047
Nov 200778010,95391.677.29$151,369
Oct 200776714,65882.856.92$165,008
Sep 20071,15022,97675.846.24$230,682
Aug 200725413,69769.066.39$105,037

How to read this page

The arithmetic is one multiplication per stream per month. Here it is, worked, on a real row from the table above.

May 2026 — as filed, then multipliedworked
Condensate             2 bbl  × $106.41 =       $213
Gas                  163 Mcf  × $  3.05 =       $496

────────────────────────────────────────────────────
Month total                                     $709

The volumes are the state's, unchanged

Every barrel and every Mcf on this page is a number the Railroad Commission of Texas published in its monthly production query. Nothing is modelled, estimated or filled in.

The dollars are a multiplication, not a valuation

Volume × a published monthly price. It is not what the operator was paid: it takes no account of a contract, a differential, a transportation deduction, or the share any one owner holds.

Oil and gas are priced differently

Oil is a Texas realisation — the crude oil first purchase price. Gas is a benchmark, because no free Texas wellhead gas series exists at any date. The prices page publishes the difference rather than correcting it away.

A lease is not a well

The state reports oil on lease and gas on well, and this page is the lease grain. 06/G/231628 is the state's own key, not one this site invented.